10:48 AM EDT, 07/17/2024 (MT Newswires) -- Sypris Solutions' ( SYPR ) Sypris Technologies unit said Wednesday it has signed a long-term extension to its current supply agreement with a major unnamed commercial vehicle maker.

Under the agreement, Sypris will keep providing Ultra axle shafts for use in the assemblies of the client's branded drive axles for medium and heavy-duty trucks, the company said.

The new agreement is effective immediately and once completed represents over 25 years of continuous supply of products to this customer and its subsidiaries, Sypris said.

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